15
Feb
Posted by Emvertex

Philip Lane, the governor of the Central Bank of Ireland, has received support from the finance ministers of the eurozone to become the new chief economist of the European Central Bank. Lane was the only candidate that was proposed for the job and his position will be confirmed by the leaders of the European Union at a meeting that is scheduled to be held next month. Lane is 49 years old. He will be taking the place of Peter Praet,…

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11
Feb
Posted by Emvertex

Singapore's straits times index closed down 2.5 per cent today, with benchmark cities such as CIT and Oxley both down more than 16 per cent and China group down more than 10 per cent.In recent months, combined sales of apartments by developers have sent the overall market soaring again, prompting repeated warnings from Singapore officials about the potential for a return of soaring prices. Property prices in Singapore have been rising for more than a decade, and the environment here…

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30
Jan
Posted by Emvertex

PRICES of completed private apartments and condominiums in Singapore edged up in December by 0.1 per cent from the previous month. This is the first month-on-month price rise for such properties since August 2018, following a revised 0.5 per cent drop in November. The figures are flash estimates released on Monday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. December's uptick was driven by a 0.2…

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